EU Free Trade Agreements

Kerry McCarthy Excerpts
Thursday 24th January 2019

(5 years, 3 months ago)

Commons Chamber
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George Hollingbery Portrait George Hollingbery
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I thank my hon. Friend for her question, and as we have already discussed, there is plainly some very real inconsistency in the Opposition position. I point out to my hon. Friend that the hon. Member for Nottingham East (Mr Leslie) is a champion of free trade and actually spoke in this House in the debates on the EU-Japan EPA and CETA back in June, when I have to say he voted with the Government and, indeed, for the deals in that case, unlike his Front Benchers.

Kerry McCarthy Portrait Kerry McCarthy (Bristol East) (Lab)
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Businesses, including one in my constituency, are already moving operations to mainland Europe because of doubts about whether they will have market access to places such as South Korea. There are hints that we will focus on the higher value trade agreements and at least get them in place come Brexit day. However, if an SME’s trade is with one of the smaller countries, that is every bit as important for it and for the people it employs as the trade deal with South Korea. We need all 40 in place, and the Minister did assure us that that would happen. Has he not completely let down those people?

George Hollingbery Portrait George Hollingbery
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We have staff in post in all the markets where we are attempting to transition these deals. An enormous amount of internal resource has been applied to what we in the Department call TAC—trade agreement continuity. Indeed, we have taken resource out of parts of the other workstreams we do to concentrate on exactly this issue. We have been negotiating on all these agreements, not just the larger ones. There is of course a financial incentive to concentrate on the larger ones, for the sake of our own businesses and for the sake of employees and families who want to put food on their table. At the same time, however, there are small businesses, as I know perfectly well, that trade under the preferences enjoyed through EPAs. There are also developmental reasons why we want to continue those arrangements, because it is the right thing to do, and the hon. Lady may be reassured that we are putting effort into all these agreements.